SPDR S&P 500 (SPY)

[Neutral Man]

MarOE Play-Book (more like DUP da-Boyz Book), for star-date 20-02-2008!?

Holy Crap-O, Prepare to Dive, Dive, Dive as we violate Key Sell levels and trigger Sell Programs to kick in, OUCH!?

We closed below the OE Pivot, 43.82, and if we close two days in a row below said Pivot then we can expect a visit to the S4, 41.63 at the VERY MINIMUM!?

Since we Closed the day yesterday 100% Long (we'd have NEVER done this had we NOT been travel-ing), and we'll use early action to get Net Neutral!

Order to Sell to Open Mar40 calls at 3.75 (80 contracts), let's see if da-Boyz can GET-R DONE! This position is to PRO-tect our Mar41 calls and we'll likely hold-em until we think the ST bottom is complete?

We'll also buy to Open Mar46 puts at 2.80 (Quad), this morning and since we're in meetings and travel-ing most of the day we'll likely let these trades RUN and check in before Wednesday morning?

We have ZERO interest as to any TA, Chart, Fibs and/or lies bias since we could care less whether the Q's breach the R2, 44.92, or violate the OE Pivot, 43.82, but I know one thing, we'll Bee Dare when they do, LOL!?

C'mon BOYZ, give us a GREAT SHOW and ROPE-em, ROPE-em REAL GOOD, da-Longs dat is, LOL!?

Date Open High Low Close
15-Feb 43.77 43.98 43.45 43.82
19-Feb 44.39 44.50 43.27 43.74
4cast
20-Feb 43.55 44.36 42.79 43.27

We'll be FADE-ing ALL LONG plays today in anticipation of a Move Lower.

Picture Painting yet again in a attempt to take some of da-Longs precious coin and we gonna LIKE IT TOO, taking dare coin dat is, LOL!?

Good trades ALL,
nm